Schiff Shouts "Iceberg!"... Again

in crypto •  2 years ago 

The Captain of the Schiff of Fools continues to navigate into the Bitcoin headwind. Say the same thing enough times and you can then gloat on those few correct "predictions"; but then they are not actually predictions, just wild guesses delivered with malicious glee.

However, being a gold hoarder, Schiff's real target should be the central banksters.

At least he's correct on this point. But this is also why he likes gold, as a hedge against the bankster ponzinomics. He doesn't want a competing hedge.

Peter Schiff Predicts Bitcoin (BTC) Price Will Plunge Back Below $18K

BTC dropping back to $18k is just a lame "prediction". Even the most simplistic technical analysis will reveal that the BTC price is likely to retest the 200SMA, and possibly even the 50SMA, as it shot up through both very quickly, so is now pausing at an "over bought" level. The point is whether it will hold at those levels as fresh supports.

For Captain Schiff to shout "Iceberg!" at every mirage is just theatre.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!